A take a look at a number of the key enterprise occasions and financial indicators upcoming this week:
Tyson Meals is anticipated to say its revenue shrank final quarter when the Springdale, Arkansas poultry processor reviews its fourth-quarter outcomes right this moment. Wall Road forecasts Tyson’s revenue fell to $1.19 a share from $1.21 a yr in the past. That might comply with decrease revenue and gross sales within the third quarter, when Tyson mentioned the COVID-19 pandemic was elevating prices.
Walmart’s revenue is forecast to have grown once more in its fiscal third quarter. Wall Road expects the world’s largest retailer made $1.18 within the August-October interval, up from $1.16 a yr earlier. The Bentonville, Arkansas-based chain has emerged as one of many few lifelines to hundreds of thousands of individuals through the pandemic, when an enormous swath of shops that promote non-essential merchandise quickly shut down. Walmart reviews earnings on Tuesday.
Minneapolis-based retailer Goal reviews its third-quarter outcomes on Wednesday. Wall Road expects its revenue grew to $1.60 a share, up from $1.36 a yr earlier. Like rival Walmart, Goal has benefited this yr because it provides family items that customers want throughout a pandemic. In August Goal deserted its annual monetary targets, citing the extremely fluid and unsure outlook.
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